Skanska’s Board of Directors has resolved on the repurchase of shares
4/10/2015 8:30 AM CET
Press release
At the Board meeting on April 9, 2015, the Board resolved to exercise the Annual General Meeting’s authorization concerning the repurchase of shares on the following terms: on one or several occasions, but no longer than the Annual General Meeting in 2016, not more than 4,500,000 Skanska AB Series B shares may be acquired, the aim of which is to secure delivery of shares to participants in Skanska’s Employee Ownership Program, Seop (2014 – 2016).
Acquisition may only be made on Nasdaq Stockholm within the price interval prevailing at any given time, meaning the interval between the highest purchase price and the lowest selling price. On April 9, Skanska held 9,106,328 Series B shares in its own custody.